Statewide unemployment decreases slightly in October
RALEIGH — The state’s seasonally adjusted October unemployment rate was 8.0 percent, decreasing 0.3 of a percentage point from September’s revised rate of 8.3 percent. The national rate increased to 7.3 percent from September’s 7.2 percent.
North Carolina’s October 2013 unemployment rate was 1.4 percentage points lower than a year ago. The number of people employed increased 6,225 over the month to 4,294,153, and decreased 1,618 over the year. The number of people unemployed decreased 18,542 over the month to 371,756, and declined 75,811 over the year.
Seasonally adjusted total non-farm industry employment, as gathered through the monthly establishment survey, increased 22,200 to 4,087,000 in October. The major industry with the largest over-the-month increase was education and health services at 7,600, followed by professional and business services, 6,400; government, 6,200; manufacturing, 2,400; leisure and hospitality services, 1,500; information, 1,400; other services, 1,200; and trade, transportation and utilities, 200. Major industries to experience decreases were financial activities, 4,200; and construction, 500. Mining and logging employment remained flat over the month.
Since October 2012, total non-farm jobs gained 80,100 with the total private sector growing by 80,200 and government declining by 100. The largest over-the-year increase of major industries was in professional and business services at 27,000, followed by trade, transportation and utilities, 18,000; education and health services, 16,300; leisure and hospitality services, 9,200; manufacturing, 6,700; information, 6,200; and financial activities, 900. Major industries to experience decreases over the year were construction, 3,600; other services, 400; government, 100; and mining and logging, 100.
**Please note that employment estimates for September 2013 were not released as scheduled due to the federal government shutdown. The state’s seasonally adjusted unemployment rate was 8.3 in September, declining 0.4 of a percentage point from August’s revised rate of 8.7. The state’s seasonally adjusted total non-farm industry employment increased 7,900 to 4,064,800 in September.
The next unemployment update is scheduled for Dec. 5, when the county unemployment rates for September and October 2013 will be released.
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